HomeMy WebLinkAboutBIS - Extend DROP for Chief of Police (3/5/2026)
City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov
TO: Mayor Steven Meiner and Members of the City Commission
FROM: David Martinez, Assistant City Manager
MEETING DATE: March 18, 2025
SUBJECT: BUSINESS IMPACT ESTIMATE
AN ORDINANCE OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI
BEACH, FLORIDA, AMENDING PART I, SUBPART B, ARTICLE IX, RELATED
SPECIAL ACTS, OF THE MIAMI BEACH CITY CODE ENTITLED "PENSION SYSTEM
FOR DISABILITY AND RETIREMENT OF MEMBERS OF POLICE AND FIRE
DEPARTMENTS"; AMENDING SECTION 62, “DEFINITIONS”, ADDING DEFINITION
FOR POLICE MANAGEMENT EMPLOYEES; AMENDING SECTION 79, ENTITLED
"DEFERRED RETIREMENT OPTION PLAN (DROP)”, RELATED TO THE MAXIMUM
DROP PARTICIPATION PERIOD; PROVIDING FOR THE REPEAL OF ALL
ORDINANCES IN CONFLICT HEREWITH; CODIFICATION; SEVERABILITY; AND
PROVIDING AN EFFECTIVE DATE.
Is a Business Impact Estimate Required?
☒ Yes ☐ No (If no, please check one of the boxes below)
If one or more boxes are checked below, this means the City of Miami Beach has
determined that a Business Impact Estimate for the above-referenced Ordinance is not
required by State law.
☐ The proposed Ordinance is required for compliance with Federal or State law or
regulation;
☐ The proposed Ordinance relates to the issuance or refinancing of debt;
☐ The proposed Ordinance relates to the adoption of budgets or budget
amendments, including revenue sources necessary to fund the budget;
☐ The proposed Ordinance is required to implement a contract or an agreement,
including, but not limited to, any Federal, State, local, or private grant or other
financial assistance accepted by the City;
☐ The proposed Ordinance is an emergency ordinance;
☐ The Ordinance relates to procurement; or
☐ The proposed Ordinance is enacted to implement the following:
a. Private applications for comprehensive plan amendments and land
development regulation amendments;
b. Development orders, development permits, and development agreements;
c. Sections 190.005 and 190.046, Florida Statutes, regarding community
development districts;
Docusign Envelope ID: 072831E3-6472-4045-924C-40379168BC83
Business Impact Estimate
Page 2
d. Section 553.73, Florida Statutes, relating to the Florida Building Code; or
e. Section 633.202, Florida Statutes, relating to the Florida Fire Prevention Code.
If none of the above exceptions apply, this Business Impact Estimate is hereby provided
in accordance with Section 166.041(4), Florida Statutes.
1. Summary
The Ordinance proposes to amend the Miami Beach Police and Fire Pension Plan
by extending the Deferred Retirement Option Plan maximum participation period
from eight to 10 years for the current Chief of Police . The proposed Ordinance
governs the employment relationship between the City and the Chief of Police by
amending the Chief’s pension benefit as part of the Chief’s compensation package.
The actual impact of this change is zero as determined by the Plan’s actuary. As
such, the proposed Ordinance has no direct fiscal impact on private industry.
A summary of the Pension Plan changes proposed by the Ordinance and its
purpose is more fully set forth in the Commission Memorandum , the actuarial
impact statement accompanying the Ordinance, as well as in the Ordinance itself .
2. An estimate of the direct economic impact of the proposed Ordinance on private, for-
profit businesses in the City of Miami Beach, if any:
Not applicable.
(a) An estimate of direct compliance costs that businesses may reasonably incur ;
(b) Any new charge or fee imposed by the proposed Ordinance or for which businesses
will be financially responsible;
(c) An estimate of the City’s regulatory costs, including estimated revenues from any new
charges or fees to cover such costs.
3. Good faith estimate of the number of businesses likely to be impacted by the proposed
Ordinance:
Not applicable.
4. Additional comments:
Docusign Envelope ID: 072831E3-6472-4045-924C-40379168BC83